KOKAFOOD: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
KOKAFOOD
Largest movements
- Cash -€58,234
down €58,234 (-50.0%), from €116,398 to €58,164
mainly Net result for the year (-€44,627) and Receivables within one year (-€36,164)
- Receivables within one year +€36,164
up €36,164 (+115.7%), from €31,261 to €67,425
of which Trade receivables: +€61,256
- Tangible fixed assets -€5,442
down €5,442 (-8.8%), from €61,545 to €56,103
of which Furniture and vehicles: -€8,290
- Stocks and contracts -€3,583
no longer reported in 2024 (was €3,583)
- Trade debts +€50,356
up €50,356 (+116.6%), from €43,169 to €93,525
- Profit (loss) carried forward -€44,627
down €44,627 (-53.6%), from €83,196 to €38,570
- Tax, wage and social debts -€20,689
down €20,689 (-51.8%), from €39,932 to €19,243
of which Remuneration and social security: -€16,303
- Debts after one year -€15,410
down €15,410 (-76.3%), from €20,187 to €4,777
- Gross operating margin -€135,835
down €135,835 (-84.8%), from €160,150 to €24,315
- Staff costs -€47,274
down €47,274 (-56.7%), from €83,391 to €36,118
- Taxes -€3,529
down €3,529 (-40.4%), from €8,744 to €5,214
- Write-downs +€3,279
new in 2024: €3,279
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €224,269 | €194,515 | -€29,754 | -13.3% |
| Formation expenses | 20 | €827 | €390 | -€437 | -52.8% |
| Fixed assets | 21/28 | €72,004 | €66,562 | -€5,442 | -7.6% |
| Tangible fixed assets | 22/27 | €61,545 | €56,103 | -€5,442 | -8.8% |
| Plant, machinery and equipment | 23 | €11,722 | €14,570 | +€2,848 | +24.3% |
| Furniture and vehicles | 24 | €49,823 | €41,533 | -€8,290 | -16.6% |
| Financial fixed assets | 28 | €10,459 | €10,459 | = | 0.0% |
| Current assets | 29/58 | €151,438 | €127,563 | -€23,875 | -15.8% |
| Stocks and contracts in progress | 3 | €3,583 | - | -€3,583 | |
| Stocks | 30/36 | €3,583 | - | -€3,583 | |
| Amounts receivable within one year | 40/41 | €31,261 | €67,425 | +€36,164 | +115.7% |
| Trade receivables | 40 | €143 | €61,399 | +€61,256 | +42836.6% |
| Other amounts receivable | 41 | €31,118 | €6,025 | -€25,092 | -80.6% |
| Cash at bank and in hand | 54/58 | €116,398 | €58,164 | -€58,234 | -50.0% |
| Deferred charges and accrued income | 490/1 | €196 | €1,975 | +€1,779 | +906.5% |
| Total equity and liabilities | 10/49 | €224,269 | €194,515 | -€29,754 | -13.3% |
| Equity | 10/15 | €98,196 | €53,570 | -€44,627 | -45.4% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83,196 | €38,570 | -€44,627 | -53.6% |
| Amounts payable | 17/49 | €126,073 | €140,946 | +€14,873 | +11.8% |
| Amounts payable after more than one year | 17 | €20,187 | €4,777 | -€15,410 | -76.3% |
| Financial debts | 170/4 | €20,187 | €4,777 | -€15,410 | -76.3% |
| Amounts payable within one year | 42/48 | €105,524 | €135,808 | +€30,283 | +28.7% |
| Current portion of amounts payable after more than one year | 42 | €16,448 | €16,684 | +€236 | +1.4% |
| Trade debts | 44 | €43,169 | €93,525 | +€50,356 | +116.6% |
| Suppliers | 440/4 | €43,169 | €93,525 | +€50,356 | +116.6% |
| Taxes, remuneration and social security | 45 | €39,932 | €19,243 | -€20,689 | -51.8% |
| Taxes | 450/3 | €22,275 | €17,889 | -€4,386 | -19.7% |
| Remuneration and social security | 454/9 | €17,656 | €1,354 | -€16,303 | -92.3% |
| Other amounts payable | 47/48 | €5,976 | €6,356 | +€380 | +6.4% |
| Accrued charges and deferred income | 492/3 | €362 | €362 | = | 0.0% |
| Non-recurring operating income | 76A | - | €13,658 | +€13,658 | |
| Remuneration, social security and pensions | 62 | €83,391 | €36,118 | -€47,274 | -56.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,787 | €20,074 | +€287 | +1.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,279 | +€3,279 | |
| Other operating charges | 640/8 | €3,103 | €3,103 | +€0 | 0.0% |
| Gross operating margin | 9900 | €160,150 | €24,315 | -€135,835 | -84.8% |
| Operating profit (loss) | 9901 | €53,869 | -€38,259 | -€92,128 | |
| Financial income | 75/76B | €0 | €2 | +€2 | +2887.5% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +2887.5% |
| Financial charges | 65/66B | €1,308 | €1,156 | -€152 | -11.6% |
| Recurring financial charges | 65 | €1,308 | €1,156 | -€152 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | €52,561 | -€39,413 | -€91,973 | |
| Income taxes | 67/77 | €8,744 | €5,214 | -€3,529 | -40.4% |
| Profit (loss) for the period | 9904 | €43,817 | -€44,627 | -€88,444 | |
| Profit (loss) for the period to be appropriated | 9905 | €43,817 | -€44,627 | -€88,444 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.